5501 Kings Highway, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $410,345. To generate strong buyer interest while maximizing value, I'd price this between $498,000 and $501,000. Against 7 similar active listings in DEER PARK, this price point lands at the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (110 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. With 7 similar homes currently listed in DEER PARK (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have fallen 3.7% in the past 6 months. 2812 Sissinghurst DR, Austin TX 78745 nearby adjusts to $516,000; with no pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group